Bawa Aparna 4

What Happened

• Aparna Bawa, Chief Operating Officer of Zoom Video Communications (ZM), sold a total of 12,886 shares in open-market transactions on April 17, 2026 for aggregate proceeds of about $1.13 million. The sales consisted of 11,981 shares at a weighted average price of $87.57 (total ~$1,049,171) and 905 shares at a weighted average price of $88.33 (total ~$79,938). This was a sale (often a routine liquidity event) rather than a purchase.

Key Details

• Transaction date: April 17, 2026.
• Prices and ranges:
  • 11,981 shares — weighted avg $87.57; prices ranged $87.19–$88.17 (F2).
  • 905 shares — weighted avg $88.33; prices ranged $88.22–$88.69 (F4).
• Total proceeds: approximately $1,129,109.
• Shares owned after transaction: not disclosed in the Form 4 provided.
• Notable footnotes:
  • Sales were effected pursuant to a Rule 10b5-1 trading plan adopted June 4, 2025 (F1).
  • Shares are held of record by the Bawa Family Trust, for which Aparna Bawa and her spouse serve as trustees (F3).
  • The filing includes undertakings to provide detailed per-price breakdowns on request (F2, F4).
• Filing timeliness: Form 4 filed April 21, 2026 reporting the April 17 transactions; the filing does not indicate any late-reporting designation in the information supplied.

Context

• A 10b5-1 plan allows insiders to set up prearranged trades and can indicate the sales were pre-planned rather than an immediate reaction to company news. The trust ownership note means the shares were held in a family trust record, not necessarily personally in brokerage accounts.